Author: NBTC

Spot On Chain says that Gemini, one of the biggest U.S. cryptocurrency exchanges, recently moved a lot of funds into a new multisignature custody wallet. The wallet, which was created just 18 days ago, has quickly amassed a lot of altcoin holdings, including a major acquisition of 200 billion Shiba Inu (SHIB) tokens valued at around $3.39 million. On top of that, the wallet under address “0xc96” also has 42,000 ETH worth $103.8 million; 350,000 LINK equivalent to $3.77 million and 400 billion PEPE tokens total to $3.29 million. The last time this account was used was just nine hours…

Crypto gaming franchise Super Champs is scheduled to launch its token CHAMP on Coinbase’s Ethereum layer-2 network Base on Wednesday, November 20 at 7am UTC. Super Champs is an anime-inspired mobile gaming franchise with two games out so far, as well as an NFT collection, a comic book, and more. Its first mobile game was Racket Rampage, a tennis-inspired action role-playing game, which was followed by battle royale shooter Bullet League. CHAMP is set to become the primary currency used for purchasing Super Champs assets such as NFTs, cosmetics, and subscriptions. It will also be used in season-based rewards programs…

Binance Futures will list BAN and AKT. Binance Futures to Launch BANUSDT and AKTUSDT Perpetual Contracts with Up to 75x Leverage The contracts will come into effect on November 18, 2024, at 14:30 and will be open for trading 24/7. Additional Features Onay Boyutu: BANUSDT: 0.0001 ACTUSDT: 0.001 Funding Fee Settlement Frequency: Every four hours Multi-Entity Mode: Supported Comedian (BAN) and Akash Network (AKT) perpetual contracts allow users to trade with USDT as the settlement asset, making it easier to manage collateral and execute trades efficiently. Verified Contract Addresses BAN: 9PR7nCP9DpcUotnDPVLUBUZKu5WAYkwrCUx9wDnSpump AKT:ibc/1480B8FD20AD5FCAE81EA87584D269547DD4D436843C1D20F15E00EB64743EF4 Important Notes for Investors The maximum funding rate…

The Ethereum ecosystem recently achieved a notable achievement in the past week, marking burn transactions in DeFi projects amounting to 18,936 $ETH, worth $58.9 million. These figures emphasize the scale of network activity among popular protocols. Uniswap is currently the top Ethereum gas burner, using 47% of the total gas burned in DeFi transactions. TOP #ETHEREUM BURNER #DEFI PROJECTS#Uniswap $UNI #1Inch #Metamask #0xProtocol $ZRX #GnosisChain #Paraswap #Aave $AAVE #KyberSwap #Pendle #Chainlink $LINK pic.twitter.com/qhmsKRQwmv — PHOENIX – Crypto News & Analytics (@pnxgrp) November 17, 2024 Uniswap Dominates Gas Consumption During the past week, Uniswap burned 2,800.6 ETH for $8.7 million. The…

PONKE price has jumped 10% amid Binance Futures listing. Binance has recently listed perpetual contracts for several meme coins, including GOAT. Binance has announced the listing of the PONKEUSDT perpetual contract, with traders getting up to 75x leverage as from Nov. 4 at 12:30 UTC. PONKE, a meme coin on Solana that has recently seen significant community interest amid market resurgence, surged more than 10% after the news. The price of PONKE had traded near $0.46 early Monday, but went vertical to near $0.55 as traders reacted to the Binance Futures news. Last week, the price of meme coin Goateus…

Gameta, a top player in the GameFi market, has commenced an exclusive strategic collaboration with Robin Ecosystem. As per Gameta, the partnership intends to increase Web3 adoption with the merger of advanced payment technologies and gaming innovation. The platform disclosed this endeavor on its official X account. 🚨#Partnership Announcement🚨 🎉Excited to announce our partnership with @Robin_Ecosystem 🎉#Robin is an #OmniDapp payment ecosystem, dedicated to driving massive Web3 adoption. It offers Robin Wallet, an all-in-one payment solution, combined with Zapry for social… pic.twitter.com/x3aDHvEB2v — Gameta (@Gameta_Official) November 18, 2024 Gameta’s Collaboration with Robin Ecosystem Marks a Revolution in Web3 Payments In…

Donald Trump’s Media and Technology Group (TMTG) is in advanced negotiations to acquire Bakkt, a crypto trading venue owned by Intercontinental Exchange (ICE). According to a report by the Financial Times, TMTG, which operates Truth Social and holds a $6 billion equity valuation despite generating only $2.6 million in revenue this year, plans to use its stock as currency for the acquisition. The deal would expand Trump’s presence in the crypto market, following his promotion of World Liberty Financial, a separate crypto venture. The crypto market has seen significant movement since Trump’s election victory, with Bitcoin rising more than 30%…

Bitdeer Technologies reported a net loss of $50.1 million for the third quarter of 2024, with total revenue declining to $62 million from $87.3 million in the same period last year. The company’s unaudited financial results, released on Nov. 18, attribute the decrease primarily to the impact of the April 2024 Bitcoin halving, increased global hash rate, decreased hosting revenue, and higher research and development expenses related to the SEAL02 chip development. Gross profit dropped sharply to $2.8 million from $21.1 million in the third quarter of 2023, while adjusted EBITDA turned negative at $8.5 million compared to a positive…

New investors may hold the key to Bitcoin’s next major breakout. Recently, the decline in unspent transaction outputs (UTXOs) under six months has halted and leveled off. Currently, only 8.6% of investors are at a loss at Bitcoin’s present price, according to CryptoQuant. New Investors Hold the Key to Bitcoin’s Next Major Breakout“Referring to past cycles, when the decrease in UTXOs under six months stopped and showed a sharp increase, Bitcoin’s price experienced a significant surge.” – By @avocado_onchain Full post 👇https://t.co/nydPpSjILR pic.twitter.com/FSQhwJz4P1 — CryptoQuant.com (@cryptoquant_com) October 24, 2024 Positive Market Sentiment Attracts New Bitcoin Investors In the past, when…

VeChain (VET) has been recognized in academic research as one of the key blockchain platforms that considerably reduce carbon emissions in e-commerce activities. One of its crucial roles was highlighted in its partnership agreement with Walmart China to establish a traceability platform. VeChain (VET) has gained another mention in academia as a research paper authored by Yingmei Jiang, Jinjin Mou, Xin Yang, and Jinyu Wei recognizes its role in E-commerce carbon reduction. According to the study titled: “The Impact of Disclosure Information Level Based on Blockchain Technology on the Joint Decision Making for Carbon Reduction and Pricing in the Fresh…